St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-11-08

A RTICLES OF INCORPORATION SIGNED
n and adopted this Sd day of November,
A. d. 1887, by and between the undersigned
persons hereinafter named.
First-The said persons agree to form and
associate themselves and do hereby form and
associate themselves into a corporation under
the general laws of the state of Minnesota.
The name of this corporation is ''St. Paul
Agricultural Works"
The general nature of its business shall be
the manufacturing and safe of agricultural
implements and machinery, and of other ar
ticles, implements or machinery of which
wood and iron or either of them form the
principal component parts and also the car
rying on of a general foundry and iron work
ing business.
The principal place of transacting the bust
ness of said corporation shall be in or near
the city of st. Paul, in the county of Ramsey
and state of Minnesota.
Second-The time of the commencement
of this corporation shall be the 10Th day of
November A. ID. 1887, and the period of
continuance thereof shall be thirty years
from the date last mentioned.
Third-The amount of capital stock of this
corporation shall be one hundred thousand
dollars and the same shall be paid in in cash
upon installments or assessments as the same
shall be called for by the board of directors
of this corporation.
The said corporation may commence bust
ness when twenty-five thousand dollars of
the amount of its caoital stock shall be SUBJ
Scribed.
Fourth-The names and places of resi-
dence of the persons forming this associa-
ton for incorporation are as follows Will
lam Dawson, st. Paul, Mimi; John NJ
Spicer Wilimar, Mimi; Sabin s. Murdoch,
Murdoch. Mimi; Charles j. Gotshall, Mime
apolis, Mimi; Thomas Brennan. st. Paul,
Mimi. Osman Lunn, st. Paul, Mimi.
Fifth-The highest amount of Indebtedness
or liability to which this corporation shall at
any time be subject shall be the sum of one
hundred thousand dollars.
SiXth-The government of this corporation
and the management of its affairs shall be
vested in the following officers, to-wit:
A board of five directors to be elected by
the stockholders, president and vice pres
ident to be elected by the board of directors
from their own number, a secretary and
a treasurer to be elected by the board of di-
rectors
The board of directors shall be elected
by the stockholders of this corporation at
their annual meeting, which shall be held in
the city of st. Paul ON the third Tuesday of
November, A. d. 1888, and annually there
after.
The aboye-named William Dawson, John
NJ. Spicer, Sabin S. Murdoch, Charles j.
Gotshall and 70. Lunn shall constitute the
first board of directors, to hold their Office
until the third Tuesday in November A. d.
1883, and until their successors shall be
elected and qualified.
Said board of directors shall, at their first
meeting, proceed to elect president and
vice president from their own number as
aforesaid and secretary and treasurer.
The directors and officers hereafter to be
elected as aforesaid shall hold their office for
one year, and until their successors are
elected and qualified.
Seventh-The capital stock of this corpora
ton shall be divided into 1000 shares of $50
each.
Witness our hands and seals the day and
year above written.
WILLIAM DAWSON, ISeal.1
JOHN M. SPICER, lSeal1
SABIN S. MURDOCH, Seal
CHARLES j. GOTSHALL, [Seal.1
THOMAS BRENNAN, lSeal.
OSMAN LUNN. lSeal.]
Signed, sealed and delivered in presence Of
WILLIAM DAWSON, Dr.,
j. S. Bosch.